One of Russia’s
current hydro-power
plants
 
Levallois-Perret, France — ESI-AFRICA.COM — 21 December 2010 – Alstom “’ a world leader in power generation and transmission “’ has signed strategic agreements with major Russian energy companies to jointly provide power generation products and services for Russia’s power industry.

Making the announcement here, Alstom confirmed that it would be working with the Russian companies in the fields of hydropower generation, thermal power generation, nuclear power generation and electricity transmission.

The agreements were signed here in the presence of Russian prime minister Vladimir Putin, French prime minister Francois Fillon, Russian energy minister Sergei Shmatko, chairman and CEO of Alstom Patrick Kron, and Alstom Power president Philippe Joubert.

Kron said: “Russia is playing an increasingly important role in the global economy and is looking to modernise and increase its power generation capacity to meet its growing demand for power. Alstom’s technology and service expertise, when combined with local partners’ manufacturing and service capabilities, offers an ideal solution for securing this energy future.”

In the field of hydropower generation, Alstom Power has signed a strategic cooperation agreement with RusHydro JSC, Russia’s biggest hydropower generation company, to jointly exploit opportunities in the booming Russian hydropower industry.

The agreement covers four key directions of cooperation: reconstruction and modernisation of the Kubanski cascade hydropower complex in Southern Russia; cooperation on the development of hydropower activities; cooperation in areas of R&D and investment; and local manufacturing of hydropower equipment in the Republic of Bashkortostan, in Russia.